Intercontinental Bank of Lebanon
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Intercontinental Bank of Lebanon (IBL Bank, Arabic: انتركونتيننتال لبنان) is a Lebanese Bank with headquarters and main branch located in Achrafieh, Beirut, Lebanon.[1]
Native name
انتركونتيننتال لبنانFormerlyIntercontinental Bank of Lebanon, Development Bank SAL
Company typePrivate company
IndustryFinancial services
 Sin el Fil branch | |
Native name | انتركونتيننتال لبنان |
|---|---|
| Formerly | Intercontinental Bank of Lebanon, Development Bank SAL |
| Company type | Private company |
| Industry | Financial services |
| Founded | 1961 |
| Headquarters | , |
Number of locations | 20 branches |
Key people | Salim Habib (Chairman and General Manager) |
| Products | Banking services |
| Website | www |
As of 2021[update], the bank had 20 branches in Lebanon, in addition to foreign branches in Cyprus, Erbil, Baghdad, and Basra.[2]
History
The bank was established in 1961 as Development Bank SAL (بنك الإنماء).[2]
In September 1998, the majority of the bank's shares were bought by a group of Lebanese and foreign investors.[3][2]
A year later, in September 1999, the bank acquired the entire shares of BCP Bank Group, and since that date it has operated under the name Intercontinental Bank of Lebanon (IBL).
